Morningstar touts industrial distributors but issues cautionary note

Morningstar likes increases in share prices over the last year of industrial distributors like W.W.Grainger (GWW) (+32%); at Fastenal (FAST) (+51%); at MSC Industrial (MSM) (+33%); at Anixter (AXE) (+34%); and 73% at WESCO (WCC) (+73%), but said share ...
Nov. 5, 2010
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Morningstar likes increases in share prices over the last year of industrial distributors like W.W.Grainger (GWW) (+32%); at Fastenal (FAST) (+51%); at MSC Industrial (MSM) (+33%); at Anixter (AXE) (+34%); and 73% at WESCO (WCC) (+73%), but said share prices of some companies may be "near or beyond our fair value estimates." Details

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